It's About Liberty: A Conservative Forum

Topics => General Board => Topic started by: trapeze on July 06, 2012, 07:30:09 PM

Title: California Votes For High Speed State Bankruptcy
Post by: trapeze on July 06, 2012, 07:30:09 PM
In case it needed to be actually proven, you can't fix stupid.

LINK (http://hosted.ap.org/dynamic/stories/U/US_HIGH_SPEED_RAIL?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-07-06-19-12-38)

Quote
California lawmakers approved billions of dollars Friday in construction financing for the initial segment of what would be the nation's first dedicated high-speed rail line connecting Los Angeles and San Francisco.

The state Senate voted 21-16 on a party-line vote after intense lobbying by Gov. Jerry Brown, Democratic leaders and labor groups.

The bill authorizes the state to begin selling $4.5 billion in voter-approved bonds that includes $2.6 billion to build an initial 130-mile stretch of the high-speed rail line in the Central Valley. That will allow the state to collect another $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday.

And then this...

Quote
One dissenter, Sen. Joe Simitian, D-Palo Alto, said public support had waned for the project, and there were too many questions about financing to complete it.

"Is there additional commitment of federal funds? There is not. Is there additional commitment of private funding? There is not. Is there a dedicated funding source that we can look to in the coming years? There is not," Simitian said.

I sure am glad I don't live in such a stupid, stupid place.
Title: Re: California Votes For High Speed State Bankruptcy
Post by: charlesoakwood on July 06, 2012, 08:26:41 PM

Hey, Ovama will bail them out, he loves trains.

Title: Re: California Votes For High Speed State Bankruptcy
Post by: Glock32 on July 06, 2012, 09:31:20 PM
The only people stupider than the voters who elected them are the morons who actually buy these bonds.
Title: Re: California Votes For High Speed State Bankruptcy
Post by: trapeze on July 06, 2012, 10:32:01 PM
California is the France of the USA.

I'm convinced that this is true and I'm convinced that that is the reason why they want a high speed train...so they can be more like their idol.

Cheese. Wine. High Speed Rail. Unsustainable spending.

Very French-like.

Title: Re: California Votes For High Speed State Bankruptcy
Post by: Pandora on July 06, 2012, 10:41:31 PM
California is the France of the USA.

I'm convinced that this is true and I'm convinced that that is the reason why they want a high speed train...so they can be more like their idol.

Cheese. Wine. High Speed Rail. Unsustainable spending.

Very French-like.



"... now make us a king to judge us like all the nations."
Title: Re: California Votes For High Speed State Bankruptcy
Post by: Sectionhand on July 07, 2012, 05:06:56 AM
I thought that damned thing was dead ... Of course at the end of 2009 I thought the healthcare debate was dead . Silly me !
Title: Re: California Votes For High Speed State Bankruptcy
Post by: warpmine on July 07, 2012, 11:13:52 AM

Hey, Ovama will bail them out, he loves trains.


Hitler liked the trains too but for another reason.

Here's praying they run the line following the San Andreas fault. Bright side, there will be plenty of new work(job security) repairing the line after each quake. ::laughonfloor::
Title: Re: California Votes For High Speed State Bankruptcy
Post by: charlesoakwood on July 07, 2012, 11:40:17 AM

Cash Strapped California Votes For $68 Billion Monorail To Get Federal Bailout (http://www.zerohedge.com/news/cash-strapped-california-votes-68-billion-monorail-get-federal-bailout)



Title: Re: California Votes For High Speed State Bankruptcy
Post by: Alphabet Soup on July 07, 2012, 12:03:08 PM
And the kalifornicator's descent into madness accelerates.

I loved the insertion of the Simpson's Monorail sketch - so much so that I'm adding it in here:

http://www.youtube.com/watch?feature=player_embedded&v=AEZjzsnPhnw#!
Title: Re: California Votes For High Speed State Bankruptcy
Post by: Libertas on July 08, 2012, 08:28:14 PM
It'll get the remaining malcontents foolish enough to still be there to the camps that much quicker.  I'm sure that's the plan...
Title: Re: California Votes For High Speed State Bankruptcy
Post by: BigAlSouth on July 09, 2012, 06:50:34 PM
1. Vote for tax-funded construction project.
2. Limit contracts to union shop contractors.
3. Reap political donations from union dues.
4. Hope state does not go broke before process is repeated.
5. Repeat . . .
Title: Re: California Votes For High Speed State Bankruptcy
Post by: Libertas on July 09, 2012, 07:46:24 PM
6. File bankruptcy, screw the union workers and watch the weeds grow on the tracks and rust grow on the equipment.

7. Decorate lamp posts.